The value of a stock share in a new technology company has been increasing at a rate of 8.6% quarterly. The initial price of one
2 answers:
Answer:
The equation is :
Step-by-step explanation:
The given rate of interest = 8.6% or 0.086
The initial price of one share was $102.15. An investor plans to sell once the value of one share reaches $233.10.
No, if 't' is the number of quarters since the initial price of one share was set, then the equation that could be used to determine how long it will take the share to reach $233.10 is :
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<em>The question has missing details. However, general questions that could be asked is as follows:</em>
<em>(1) The number of miles traveled after using (say) 5 gallons</em>
<em>(2) The number of gallons used after traveling for (say) 36 miles</em>
Answer:
See Explanation
Step-by-step explanation:
Given
A linear equation is represented as:
Where
and
c, in this question represents the initial capacity of the tank.
So, the initial capacity is 120 liters
Solving (a): r = 5
<em>60 miles traveled</em>
Solving (b): s = 36
Collect like terms
Solve for r
<em>42 gallons used</em>